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Binance Completes Registration with India’s FIU as Poodlana Presale Hits .7M
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Binance Completes Registration with India’s FIU as Poodlana Presale Hits $7.7M

Binance Completes Registration with India’s FIU as Poodlana Presale Hits .7M

Key Points

  • Crypto exchange Binance has completed its registration with India’s Financial Intelligence Unit.
  • Poodlana pre-sales have surpassed $7.7 million and pre-sales are coming to an end.

Binance Now Registered with India’s FIU

Binance, the leading cryptocurrency exchange by daily trading volume, has completed its registration with India’s Financial Intelligence Unit (FIU-IND). The latest development comes months after the company was fined $2.2 million for providing services in the country without permission.

With this registration, Binance is now registered in 19 countries worldwide. With this registration, Binance’s website and app are fully available to users in India.

What is Poodlana?

The crypto market remains choppy as Bitcoin trades below $60k. Despite the choppy market conditions, investors continue to pour money into new and promising projects.

Poodlena is one of the projects that is attracting investors. It is a Solana-based meme coin that aims to introduce the glamour of high fashion to the crypto world. According to the development, Poodlana could become the leading dog-themed meme coin on the planet as it focuses on promoting the ethos of community-driven growth to achieve its goal.

Poodlana is a popular dog breed in Japan, Korea and China. The development team will use this popularity and the love for meme coins to build a strong community for this project.

Poodlana’s pre-sales surpass $7.7 million

The Poodlena Presale ends in less than 20 hours, and the listing on exchanges is expected to happen immediately after the presale. The project has raised over $7.7 million so far, as more investors join the project.

In this final phase, the POODL token is going for $0.0539. Investors can purchase this token with SOL, BNB, ETH, USDT, USDC, and Fiat/card payment options.

According to the team, Poodlana will not have a lock-up period for their tokens. The POODL presale will end in a few hours and the listing on exchanges will happen right after.

Learn more about the Poodlana pre-sale here.

Poodlana reserves 50% of total stock for pre-sale

Poodlena has adopted a simple tokenomics model as it seeks total transparency in its operations. According to tokenomics, Poodlana will have 1 billion POODL tokens, 50% of which will go into presale.

The remaining 50% is split between marketing (15%), rewards (5%), partnerships (5%), treasury (10%) and liquidity (15%).

The Poodlana team assured investors that 100% of the tokens will be unlocked on day one, with no lockups or vesting periods. Once the presale is completed, the unsold tokens will be burned after the presale, ensuring the deflation of the token.

Should you buy Poodlana tokens now?

The Poodlana presale ends in a few hours and this is the last chance for investors to buy the tokens. Meme coins have become a crucial part of the cryptocurrency ecosystem, with several of them reaching a market cap of $1 billion and above.

Poodlena could become one of the leading dog-themed meme coins in the crypto ecosystem. The team is leveraging the popularity of the Poodlana dog breed and building a community that could see the breed reach the status of Dogecoin and Shiba Inu.